GREED and FEAR.The problem is people dont understand what is fear now .Our is far more connected that it was in the previous 100 years.We have had the mother of all bear rallys.And 99% of the people say it si abull market.Bull markets in the last 100 years or more are never born out of optimism.Something big is coming and we cant see.The govt interventions....evern the govt thinks they have this one great tool of liquidity which can save things..If there is hysteria to buy there can be hysteria to sell to get out...I still keep thinking why si Robert Pechter says casha nd cash equivalents.What could be that bad.Trying my best to work on the timing cycles just like Gann did in and told that 1932 july would be the bottom of the index DJIA. Only man to tell before it happened i guess .Did nt have any computers.He must have foudn the master cycle.People say you cant time the market.I rememb er this famous line from the movie : Persuit of happiness. when the man tells his kid : people tell u it cannot be done coz they can do it.It is possible to time the market but very very rare and few people can do.if everyone can do it they will be stinking rich.
So coming back to the topic....can the govt really save and distribute cash like jim cary did in Bruce almighty.I would say atleast if ur still skeptical about being bearish after this rally you should have some cash to prtect yourself . 45% cash atleast to compensate if there is a selling hysteria in the coming months .Still the trigger isnt there....Earnigns dont move markets it is totaly myth.
We are ina time when things can provide a great entry point ./...question is When....???